0000889812-00-001723 Sample Contracts

INTRODUCTION ------------
Stockholders' Agreement • April 12th, 2000 • Teltran International Group LTD • Telephone communications (no radiotelephone) • New York
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AGREEMENT OF LEASE
Lease Agreement • April 12th, 2000 • Teltran International Group LTD • Telephone communications (no radiotelephone) • New York
AMENDMENT 1 TO EMPLOYMENT AGREEMENT
Employment Agreement • April 12th, 2000 • Teltran International Group LTD • Telephone communications (no radiotelephone)
RECITALS
Commercial Lease Agreement • April 12th, 2000 • Teltran International Group LTD • Telephone communications (no radiotelephone) • Florida
PROMISSORY NOTE
Promissory Note • April 12th, 2000 • Teltran International Group LTD • Telephone communications (no radiotelephone)

This note has been issued by the Maker in connection with the Maker's exercise of options to purchase ______ shares of common stock ("Shares") of Teltran International Group, Ltd. on the date hereof, at an exercise price of ______ cents ($0.__) per share (the "Exercise Price").

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